Kimco Realty (KIM) Declares $0.09 Special Dividend; 0.5% Yield

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Kimco Realty® Declares Special Cash Dividend of $0.09 Per Share of Common Stock

November 13, 2023 4:30 PM EST

JERICHO, N.Y.--(BUSINESS WIRE)--

Kimco Realty® (NYSE: KIM) announced today that its Board of Directors has declared a one-time, special dividend of $0.09 per share of common stock to satisfy its distribution requirements as a REIT. The special dividend is payable in cash on December 21, 2023, to stockholders of record on December 7, 2023. This special dividend is largely the result of a special dividend payment Kimco received from Albertsons Companies Inc. (NYSE: ACI) in January 2023.

The Board of Directors did not make any change in... More